DEN HVIDE TORNADO ApS — Credit Rating and Financial Key Figures

CVR number: 10548446
Østerbrogade 56 A, 2100 København Ø
denhvidetornado@gmail.com
tel: 35367505
www.denhvidetornado.dk

Credit rating

Company information

Official name
DEN HVIDE TORNADO ApS
Personnel
37 persons
Established
1986
Company form
Private limited company
Industry

About DEN HVIDE TORNADO ApS

DEN HVIDE TORNADO ApS (CVR number: 10548446) is a company from KØBENHAVN. The company recorded a gross profit of 4136 kDKK in 2023. The operating profit was 501.8 kDKK, while net earnings were 380.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 27.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DEN HVIDE TORNADO ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 820.602 320.792 759.273 467.784 135.96
EBIT58.4964.8980.00203.06501.82
Net earnings50.1466.6643.98145.61380.47
Shareholders equity total938.841 005.491 049.481 195.081 575.55
Balance sheet total (assets)1 291.021 929.171 622.131 904.062 470.70
Net debt- 629.61-1 143.88- 641.12- 781.19- 706.63
Profitability
EBIT-%
ROA4.7 %4.0 %4.5 %11.5 %23.2 %
ROE5.5 %6.9 %4.3 %13.0 %27.5 %
ROI6.4 %6.7 %7.8 %13.9 %24.0 %
Economic value added (EVA)13.8438.726.74103.69294.05
Solvency
Equity ratio72.7 %52.1 %64.7 %62.8 %63.8 %
Gearing55.9 %49.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.02.82.62.5
Current ratio3.62.12.82.72.5
Cash and cash equivalents629.611 143.88641.121 448.981 489.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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